Asking Price: $736,000 Gross Revenue: $735,213Cash Flow: $239,841 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 not included in asking priceFF&E: $150,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This business is in the rare place of having very high demand from customers with no known competition for its services. That makes owning and operating this business a profitable and low risk venture. This is the business you have been waiting for!
The services provided keep plants and machinery running at their highest efficiency and gives them long life. The service is essential, not optional, making demand constant. If the economy dips, demand actually increases, as refurbishing equipment is much more cost effective than buying new. All the work is performed within a 90 minute drive of the location meaning no overnight travel. Equipment is also brought to the company’s facilities where it can be serviced and returned to the customer for use.
The owner is active in the business but there is a foreman/project manager ready work with the new owner. The seller believes a new individual owner with energy can grow the company easily. He believes a larger company as new owner could triple the business without much trouble. No specialized knowledge of the equipment being worked on is required.
SBA financing available, for a qualified buyer. Contact Mark Richie for additional information on this opportunity.
Piedmont Triad Industrial Maintenance Services - High Demand
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